Audio By Carbonatix
There were five top gainers on the Ghana Stock Exchange in the month of November as the equities market continues to perform strongly in 2023.
According to the Summary of Market Activities, the GSE Composite Index (CI) recorded an increase of 44.28 points compared to the previous month, bringing the year-to-date return to 29.71%.
The five gainers were led by Ecobank Ghana with an increase of 18.64% in its share price. Asante Gold (2.58%), MTN Ghana (2.19%), CAL (2.0%) and Fanmilk (0.33%) also recorded marginal growth in their share prices.
Both volume and value traded increased by about 1,009 and 807% respectively compared to the previous month.
The GSE Financial Stock Index (FSI) also gained 17.52 points during the month, reducing the year-to-date loss to 2.71%.
On the debt market, the Ghana Fixed Income Market trading volumes increased in the month of November 2023, reaching 12.78 billion, reflecting a 32.16% increase compared to the volumes of the previous month. Long-term Government securities transactions constituted 50.33% of market activity.
From January to November 2023, the cumulative volume traded amounted to 81.67 billion, marking a 62.69% decrease from the 218.91 billion traded during the same period in the previous year.
| JAN-NOV 2023 | JAN-NOV 2022 | % CHANGE | |
| GSE-CI YTD Change | 29.71% | -11.69% | |
| Volume | 556,206,351 | 1,306,923,214 | -57.44 |
| Value (GH¢) | 752,135,931.25 | 1,495,978,423.86 | -49.72 |
| GSE-CI | 3,169.90 | 2,463.27 | 28.69 |
| Mkt.Cap. (GH¢M) | 74,234.27 | 64,821.04 | 14.52 |
Latest Stories
-
Charterhouse to host 8th National Women’s Summit & Expo in Accra
12 minutes -
Lands Minister backs Petroleum Hub project, pledges support to fast-track land acquisition
22 minutes -
Joy FM, Safari Eco Park launch school kids project to promote outdoor learning
31 minutes -
GAF airlifts Baba Yara Stadium stampede victim to 37 Military Hospital
40 minutes -
Photos: Funeral rites for engineer Charles Amissah who died after alleged denial of emergency care
47 minutes -
Taking collagen keeps skin more elastic but won’t stop wrinkles, say scientists
47 minutes -
Principal of Nalerugu Nurses and Midwifery College suspended over unauthorised admissions
51 minutes -
Driver dies in trailer crash at Kordzeto in Hohoe
54 minutes -
India and Israel pledge to boost ties in defence and technology
57 minutes -
Livestream: Mahama delivers 2026 State of the Nation Address
59 minutes -
Nigerian artistes’ global success about individuals, not the country – Philkeyz
59 minutes -
Business end of European season
1 hour -
55 Ghanaians killed in Russia–Ukraine war – Ablakwa
1 hour -
Deloitte West Africa appoints Yomi Olugbenro as CEO-Elect
1 hour -
Bawumia visits Ga Mantse, wishes him speedy recovery following accident
1 hour
